Beta

Destination DeFi

Explore any DeFi position, verified directly from the chain.

IndependentVerifiableRead-onlyNo login

rails.finance/ethereum/liquity-v2/trove/WETH/1022…0154LIVE SAMPLE
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3,202,632positions across Ethereum, Base, and Arbitrum DeFi

1,470,097 open and 1,732,535 closed, replayed from chain events in each protocol’s own model of a position.

DeFi for everyone

The DeFi Curious

Learn by example. See how DeFi works through real positions, before you risk any of your own money.

The Active DeFi User

Stay on top of positions. Collateral, debt and liquidation risk, explained in plain language so you know exactly where you stand.

DeFi Teams

Support your users. Give them an independent, verifiable view of their positions, with full coverage of your protocol.

Crisis Support

When frontends fail. Your position lives on the chain, not on a protocol's servers, so Rails can still show it when their site goes dark.

What Rails Does

Rails builds a read-only explorer for each DeFi protocol it covers. Look up any position — yours or anyone else’s — and see what it holds, what it owes, and everything that has ever happened to it.

Every number on the page traces back to the contracts it came from. Here is the path it travels:

  1. Ethereum / Base / Arbitrum

    DeFi protocols run here as public contracts. Every deposit, loan and repayment is on the record.

  2. Historic events

    Rails reads every event in order and explains each in plain English.

  3. Live state

    Rails asks those same contracts what the position holds and owes today.

  4. Reconciled

    Lifetime totals are checked against live state. Anything that doesn’t reconcile is left out.

  5. On the page

    Every figure shows its source, so you can check it on a block explorer that isn’t ours.

Team

Miles

Miles

Designer

@milesessex

Product designer with 20+ years experience. Focused on creating intuitive interfaces for complex financial data. My Rails journey...

Slava

Slava

Developer

@slvdev

Web3 developer with expertise in Rust and Solidity. Focused on building infrastructure that makes DeFi accessible.

Get in touch

Rails is open infrastructure for DeFi. Built as a public good. If you're a protocol team or a funder, we'd love to hear from you.

Telegram: @railsfinance